Deal or No Deal?

[Luis Ortega]

I saw this sign posted up and wanted to share with you guys and get some thoughts. This is in Carlsbad California, not too far from the beach and blocks from very popular shops and food. For sale by owner 3 lots 4 houses 155' x 145' on 1/2 acre Potential 15 units (Zoned for 30 units per acre) Present income over $8,000 mo $2,950,000 Owner may carry 1st td There it is. What you think?